quote:Originally posted by 10of13: Wow...when did the bid or ask go down to .0124?
Looks like someone bought 1.08 mill below the B/A. I think since it is a low float, that the MMs sold it to someone ($13K) below the B/A. I've heard of it done below, so maybe.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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Someone bought 200 shares at .0175, guess they couldn't stand seeing it that low.
Posts: 224 | From: Denver | Registered: Feb 2006
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200-sale means MM needs shares, bad lot of orders he can not cover
300-sale means MM is going to take price down to get shares
400- sale means trade sideways
500- sale gapping up or down depending on which way the sale went
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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I dont care if we were to close at the highs on only a 1 share trade.. it is still significant IMO
Posts: 261 | Registered: Nov 2005
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Squire, what does 911 mean? I saw it on RSHN, the stock took a dip and then took off.
Posts: 224 | From: Denver | Registered: Feb 2006
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I've seen the 911 on RSHN too. From my observation, either the PPS remained flat for a few trades then bounced up, or it took a slight dip, then bounced up. Both ways though it bounced up fairly quickly after the 911 trade was made.
I would assume the MMs need to raise the PPS quickly for whatever reason.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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trc4949, I don't want to debate the significance of yesterdays close, but would like to hear your thoughts. Just don't tell me you deleted it and don't want to retype it. I really would like to understand where you're coming from when you make comments like "everything about Thursday's action suggests to me the MM's want this thing to go higher", it might help me in future trades. I've been trading higher dollar stocks in the past and thought I would try my hand at pennies, so I'm trying understand how it works in comparisson. Thanks in advance.
Posts: 224 | From: Denver | Registered: Feb 2006
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quote:Originally posted by cool running: trc4949, I don't want to debate the significance of yesterdays close, but would like to hear your thoughts. Just don't tell me you deleted it and don't want to retype it. I really would like to understand where you're coming from when you make comments like "everything about Thursday's action suggests to me the MM's want this thing to go higher", it might help me in future trades. I've been trading higher dollar stocks in the past and thought I would try my hand at pennies, so I'm trying understand how it works in comparisson. Thanks in advance.
Sounds like he/she is just trying to learn...maybe you could PM him?
Can we get this thing moving PLEASE!!! GO IGAI!!!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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Hopefully today the day, or at least this week?
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
Doesn't look like it, but you never know when someone might sneak in an order or two for .0175 Posts: 224 | From: Denver | Registered: Feb 2006
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-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
I'm thinking the MMs are ready. A lone 400 trade at 0.0174 above the previous B/A, makes me think they are ready to take this up.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
Looking at the chart, the last 3 days we have had white candles on low, low volume. Looks like the MMs are purposely closing each day higher and higher.
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I really would like to understand where you're coming from when you make comments like "everything about Thursday's action suggests to me the MM's want this thing to go higher", it might help me in future trades. I've been trading higher dollar stocks in the past and thought I would try my hand at pennies, so I'm trying understand how it works in comparisson. Thanks in advance.
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Kinda liking that...but would love it to start the upward trend!!!
